Finances Glossary

Decode the buzzwords of the finances space
THE LANGUAGE OF FINANCES
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Startup Glossary  | Finanshels

Glossary

A comprehensive guide to understanding and communicating key startup concepts. Your Go-To Resource for Startup Terminology: A Glossary of Key Metrics, Definitions, and Formulas

Runway

In the context of a business or startup, runway refers to the amount of time that a company has before it runs out of cash or other resources and is unable to continue operating.

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S Corporation (S Corp)

An S corporation, also known as an S corp, is a type of business entity that is recognized under United States federal income tax law.

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Sales Pipeline

A sales pipeline is a visual representation of the various stages of the sales process, from initial contact with a potential customer to the final sale.

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Sales and Marketing Efficiency

Sales and marketing efficiency is a measure of the effectiveness of a company's sales and marketing efforts in generating revenue.

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Serviceable Available Market (SAM)

Serviceable available market (SAM) is a term used in business and marketing to refer to the portion of a market that is able and willing to purchase a company's products or services.

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Serviceable Obtainable Market (SOM)

Serviceable obtainable market (SOM) is a term used in business and marketing to refer to the portion of a market that is both willing and able to purchase a company's products or services.

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Simple Agreement for Future Equity (SAFE)

A simple agreement for future equity (SAFE) is a type of investment agreement that is commonly used in the startup ecosystem.

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Sole proprietorship

A sole proprietorship is a type of business that is owned and operated by a single individual.

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Special Purpose Vehicle (SPV)

A special purpose vehicle (SPV) is a legal entity that is created for a specific purpose or project.

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Stock management

Stock management, also known as inventory management, is the process of overseeing the flow of goods in and out of a business's inventory.

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Tax deduction

A tax deduction is an expense that a taxpayer is allowed to subtract from their taxable income when calculating their tax liability.

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Trade creditors

Trade creditors are businesses or individuals that a company owes money to for goods or services that have been supplied on credit.

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